Bitcoin back above $81,000 after hot CPI print, BNB, DOGE lead majors gains
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- Bitcoin fell to $79,879 after the April CPI hit 3.8% YoY, then rebounded to $81,208, ending the session up 0.3% over 24 hours.
- BNB rose 2.5% to $677, while Dogecoin added 1.3% to $0.1114.
- Crypto funds recorded $858 million net inflows last week, with $706 million into bitcoin products and a $14 million unwind of bitcoin short positions—the largest weekly short unwind of 2026.
- S&P 500 slipped 0.2% and Nasdaq 100 fell 0.9% as the CPI shock rattled traditional markets.
- Japan's 20‑year bond yield breached its January peak, hitting the highest level since 1997.
Why it matters: Crypto investors gain as Bitcoin rebounds to $81k and funds attract $858M, while short sellers lose $14M as positions unwind; equity markets slip modestly amid rising yields.
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